Olympic Loan repayments to Lottery

Meeting: 
MQT on 2013-05-22
Session date: 
May 22, 2013
Reference: 
2013/1761
Question By: 
Andrew Boff
Organisation: 
GLA Conservatives
Asked Of: 
The Mayor

Question

Which is your top priority: repaying the lottery in good time, or ensuring the successful regeneration of the Olympic Park and its surroundings?

Answer

Answer for Olympic Loan repayments to Lottery

Answer for Olympic Loan repayments to Lottery

Answered By: 
The Mayor

The London Legacy Development Corporation is, first and foremost, a regeneration body. The way it will achieve the best value from land, to enable repayments to the GLA and the National Lottery, will be through successful regeneration.